# The Pensions Regulator Tribunal (Legal Assistance Scheme) Regulations 2005, Regulation 27: Calculation of capital


The value to the individual of any life insurance or endowment policy shall be taken to be the amount which he could readily borrow on the security of that policy.

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Source: https://www.legislation.gov.uk/uksi/2005/781/regulation/27 (the official version)
Page: https://openlegislation.uk/pensions-regulator-tribunal-legal-assistance-scheme-regulations-2005/regulation-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.